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NRF: 52% of Shoppers Celebrating Valentine’s Day, Spending a Combined $21.8 Billion

Retail TouchPoints

Unsurprisingly, ecommerce will be the most popular destination for Valentine’s Day shopping, accounting for 39% of the total. The other top shopping destinations include: Department stores ( 29% ); Discount stores ( 28% ); and A tie between local small businesses and specialty stores ( 17% each).

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NRF: Electronics Will Drive Back-to-School Spending to Record $41.5 Billion

Retail TouchPoints

Spending on these items, along with necessities like food, is expected to account for more than half of the increased BTC spending totals this year. For all back-to-class shoppers, the top retail destinations are ecommerce, department stores and discount stores.

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How Rising Prices Shape Consumer Behavior

Retail Focus

Customers lose brand loyalty as they choose retail brands or discount options. Retail data proves coupon use spikes during high inflation, and discount stores see more traffic. The Role of E-Commerce in Inflationary Periods During times of inflation, online retailers have an advantage over physical stores.

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Ethical Commerce: How to Overcome 3 Top CSR Hurdles (With Examples)

Retail TouchPoints

This category includes discount stores, mass merchants (“big box stores”) and businesses focused on specialty hardlines. This category includes department stores, specialty and softline brands. General merchandise. Fashion apparel.

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Retail spending strong in late 2022, but signs of slowing emerge

Inside Retail

The most significant annual increases in retail were seen in specialty retail stores, alcohol goods, family clothing stores and discount stores. Meanwhile, spending declined in department stores, home supply warehouses, household appliances and furniture categories.

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NRF: More consumers seeking bargains this Easter

Mass Relators

With just more than half (51%) of consumers planning in-person celebrations, up from 43% the previous year, food will account for the largest spending category. Like last year, half (50%) of holiday shoppers plan to purchase gifts at discount stores, 41% at department stores and 35% online. on gifts and $27.93

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BTS spending expected to exceed $41 billion

Mass Relators

Spending on big-ticket items such as electronics and furnishings as well as necessities like food accounts for more than half of the increase in total back-to-college spending this year. For all back-to-class shoppers, the top destinations are online, department stores and discount stores.